Live in one unit, rent the rest

House hack your way into real estate.

Buy a 2–4 unit property, live in one unit, and let the rent from the others help cover the mortgage. Owner-occupant loan programs can make this possible with a smaller down payment than a typical investment loan.

  • Owner-occupant options for 2–4 unit properties
  • Potential for rental income to offset your payment
  • Help estimating rents before you buy
  • Great first step into multifamily investing

Loan programs, down payment requirements, and eligibility vary by lender and borrower and change over time. A licensed lender can confirm what you qualify for.

What happens next

1

Get the numbers

A pro helps you estimate rents, payment, and what you can afford.

2

Shop smart

Tour 2–4 unit properties that fit your budget and plans.

See if house hacking fits you

Get connected with a pro who works with owner-occupant buyers.

Step 1 of 3

What are you picturing?
Property size

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Your starting point
First-time homebuyer?

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When would you like to buy?

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Where should we send it?

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Free, no obligation. Takes about 60 seconds.

Questions

How long do I have to live there?

Owner-occupant loans typically require you to move in within a set period and live there for a minimum time, often about a year. Your lender will confirm the rules for your loan.

Can rent from the other units help me qualify?

Many lenders count a portion of projected rental income from the other units. Ask your lender how it applies to you.

Is a two-flat a good first property?

It's a common starting point in Chicagoland and Northwest Indiana: a manageable size with one tenant to start.

Own a building, too?

Find out what it's worth, with a free value and rent estimate.

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